Inola Extends Smelter Moratorium to 2027

Inola officials extended a moratorium on a $4 billion aluminum smelter project through April 2027 and announced a public referendum. The project faces local opposition and a state lawsuit over environmental concerns.

Xurve View
Insights:
FILE PHOTO: Molten metal is poured into carbon anodes at Century Aluminum Company in Hawesville, Kentucky, U.S. May 14, 2019. Picture taken May 14, 2019.  REUTERS/Bryan Woolston/File Photo

Emirates Global Aluminium and CENTURY ALUMINUM COMPANY plan a $4B aluminum smelter in Oklahoma, backed by Donald Trump. The project faces local opposition and a municipal permit moratorium extending through April 2027. It would become the Western Hemisphere's largest source of the critical mineral, addressing reliance on foreign imports in the United States.

IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.